Assistant Vice President, Deal and Cash Operations

Our Company

Oaktree is a leader among global investment managers specializing in alternative investments, with about $200 billion in assets under management. The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in credit, private equity, real assets and listed equities. The firm has over 1,400 employees and offices in 25 cities worldwide.

We are committed to cultivating an environment that is collaborative, curious, inclusive and honors diversity of thought. Providing training and career development opportunities and emphasizing strong support for our local communities through philanthropic initiatives are essential to our culture.

For additional information please visit our website at

The Assistant Vice President on the Deal and Cash Operations team is responsible for private deal investment accounting including recording deal activity, investment lifecycle events, investment proceeds, loan activity, and dispositions into Oaktree's accounting system. Additional responsibilities include operational activities such as facilitating deal fundings, cash positioning, and hedging.

Scope and Responsibilities

* Translate deal documents into accounting records that accurately reflect deal economics and meet accounting requirements, ensuring timely and accurate entry into Oaktree's accounting system

* Identify and record investment proceeds (e.g., principal, interest, paydowns, sales) in Oaktree's accounting system timely and accurately

* Process deal lifecycle events from an investment accounting perspective by booking credit events, reorganizations, amendments, and exits in Oaktree's accounting system timely and accurately

* Process and account for cash movements through complex legal entity structures, ensuring proper booking in Oaktree's accounting system

* Work with various stakeholders to fund and close private deal transactions including cash positioning and funding deals within demanding timelines

* Coordinate with and respond to inquiries and requests from investment teams, fund accounting, auditors, custodians, fund administrators, and counter parties

* Stage FX orders to raise cash and to hedge currency risk

* Ensure cash availability for upcoming purchases, redemptions, and other transactions

* Forecast available cash balances

* Monitor for and prevent account overdrafts in various currencies

* Participate in cross-functional initiatives relating to the private deal workflow

* Manage resources, including developing new team members

* Establish SLAs with internal teams to ensure high success rates

* Establish KPIs to measure and continually improve processes

* Identify, measure, and mitigate process risk

* Address daily issues, understanding root causes, and implement process improvements

* Build effective working relationships with internal stakeholders

* Write effective procedures and train others when necessary

Experience Required

* 9-11 years of relevant experience at an asset management firm, investment bank, or other financial services company

* Investment Accounting and Operations experience with Alternative Investments including Private Credit, Real Assets, Syndicated Loans, Private Equity, and Asset-Backed Finance

* Processing transactions, credit activity, and accounting entries in Advent Geneva and Global World Investor

* Using Microsoft office suite of applications, with expertise in Excel including data analysis, pivot tables, charts, and formulas

* Utilizing SharePoint, Power BI, SQL and VBA a plus

* Track record of process improvement

* Working with complex fund and deal entity structures

personal attributes

* Collaborative, team-oriented individual with strong sense of integrity and professionalism

* Must have outstanding initiative and be a self-starter

* Demonstrate non-linear thinking and have excellent written, verbal, and interpersonal communication skills

* Must be able to critically think and independently solve issues and participate in projects for improved efficiency and automation

* Able to work under tight deadlines and high pressure

* Ability to prioritize and manage multiple competing tasks

* Strong verbal and written communication skills with ability to communicate in clear and concise manner

* Strong quantitative and analytical skills

* Strong attention to detail

Education

Bachelor's degree is required.

A Certified Public Accountant (CPA) with private deal experience is strongly preferred.

Base Pay Range: $125,000-$185,000

Equal Opportunity Employment Policy

Oaktree is committed to diversity and to equal opportunity employment. Oaktree does not make employment decisions on the basis of race, creed, color, ethnicity, national origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service, marital status, familial status,…